361
361
May 25, 2010
05/10
by
WETA
tv
eye 361
favorite 0
quote 0
the notion we had is that the spare tires have been used to get us as far as we got. so we avoided a major depression by using the spare tires. there's very little room right now, either for policy mistake or for market accidents. there's little political tolerance for having more bailouts. so the system has become very vulnerable. and every little echo, no matter how small-- so think about it, the saving banks in spain is a small bank in a small country but it's repercussion can be large because we no longer have tolerance for many shocks. we have used the spare tires and now we have to cope with not only t bumpy journey but the uncertain destination. >> susie: let me ask you, mohammed, a little bit about the european union itself. as you know, it's now being openly debated whether some countries will drop out of the european union. first of all, how likely is something like that happening? and why should we, our viewers at nightly business report, pay attention to whether or not the european union can keep itself together? >> think a little bit about someone who is
the notion we had is that the spare tires have been used to get us as far as we got. so we avoided a major depression by using the spare tires. there's very little room right now, either for policy mistake or for market accidents. there's little political tolerance for having more bailouts. so the system has become very vulnerable. and every little echo, no matter how small-- so think about it, the saving banks in spain is a small bank in a small country but it's repercussion can be large...
243
243
May 26, 2011
05/11
by
WETA
tv
eye 243
favorite 0
quote 0
mobile payment services are widely used in japan and already there are other u.s. companies testing similar applications. >> tom: erika miller explains there are some obstacles to the success of the google wallet. >> reporter: it's a familiar routine. you go into a store, pick out the items you need and pay with cash or credit card. but if google and mastercard have their way, the experience will soon be much different. shoppers will get personalized coupons on their cell phones, pay with the phone and have receipts immediately emailed. mastercard's ed mclaughlin promises nothing short of life- changing technology. >> we think the experience is absolutely revolutionary. it's going to transform shopping. so, it's not simply the payment- - which you can use paypass and the trusted mastercard network for-- all that like you would have before. but now you can also get coupons, rewards, you can redeem the offers, you can have your receipts right in your phone. >> reporter: mobile payment may be enticing to many consumers, but not everyone. a big concern is security. ple
mobile payment services are widely used in japan and already there are other u.s. companies testing similar applications. >> tom: erika miller explains there are some obstacles to the success of the google wallet. >> reporter: it's a familiar routine. you go into a store, pick out the items you need and pay with cash or credit card. but if google and mastercard have their way, the experience will soon be much different. shoppers will get personalized coupons on their cell phones,...
741
741
Sep 21, 2010
09/10
by
WETA
tv
eye 741
favorite 0
quote 0
jeff yastine joins us. the federal reserve kept its key interest rate at zero, but said it's ready to take action to boost the economy when the time is right. that announcement came today as the fed wrapped up its policy meeting in washington. susie, one thing that stood out at this meeting is the fed is getting more worried about inflation. the problem is, inflation is too low, and below what the fed considers acceptable. >> susie: that could be the catalyst for the fed to pump more money into the economy. so what will the central bank do next? suzanne pratt reports. >> reporter: two more meetings. one two-day event in early november, the other in mid december. that's the window the fed has left this year to boost the economy. but, whether the central bank eases monetary policy in the next few months depends on what happens with the economy. and, fed watcher dana saporta says it's clear now that policymakers have linked their next move to inflation, or more specifically, the lack of it. >> i think the fed
jeff yastine joins us. the federal reserve kept its key interest rate at zero, but said it's ready to take action to boost the economy when the time is right. that announcement came today as the fed wrapped up its policy meeting in washington. susie, one thing that stood out at this meeting is the fed is getting more worried about inflation. the problem is, inflation is too low, and below what the fed considers acceptable. >> susie: that could be the catalyst for the fed to pump more...
260
260
Sep 28, 2010
09/10
by
WETA
tv
eye 260
favorite 0
quote 0
it brings us more access to new york's laguardia airport, as well as first-time access for us to reagan national airport in washington d.c.. >> susie: where kelly, why did you do it now? >> i feel like we're ready now. first of all, things are so much better today than they were a year ago. our profit outlook is solid. we have plenty of cash on hand. we have a very strong balance sheet, with credit rating agencies affirming our credit rating today. so financially we're very well prepared for this. we also have a very strong leadership team. who is ready to add this major task to our list. and then we have the tools in place today that we just haven't had in the past to optimize our route network and really generate significant revenues from optimizing schedules and also revenue management techniques. so it's been a very challenging economic environment. we would like to grow. we just haven't had opportunities to grow, and we're just delighted that we found this opportunity where with it we can grow and grow profitably. >> susie: analyst, call this deal a game changer. what do you think
it brings us more access to new york's laguardia airport, as well as first-time access for us to reagan national airport in washington d.c.. >> susie: where kelly, why did you do it now? >> i feel like we're ready now. first of all, things are so much better today than they were a year ago. our profit outlook is solid. we have plenty of cash on hand. we have a very strong balance sheet, with credit rating agencies affirming our credit rating today. so financially we're very well...
228
228
Aug 24, 2011
08/11
by
WETA
tv
eye 228
favorite 0
quote 0
>> that's correct. >> tom: roy send us this note, asking us about another one of your picks. with massive job cuts in cisco this would seem to be a bad projection for future sales. what are its prospects with him cisco has been a dog for the better part of a couple years with earnings warnings continuing to take it down. you mentioned it back in april when it was 19.5. >> cisco is obviously the most days pointing tech stock out there, but over the long run it should come back up. i know a lot of insiders in this company and it's just been hit hard every quarter. let's see some turn around come, the market in yen is down. >> tom: question about fundamentals at sinclair broadcasting from owen, writing: you mentioned this back on august 17 at 8.20, now it's 7.5. does that negative equity ratio bother you? >> it doesn't bother me with sinclair in particular because i have adversity in my portfolio. i have these big large caps like pharmaceuticals and then these small caps i love small caps like the win with sinclair. what i'm looking for are revenues to increase as we go into a p
>> that's correct. >> tom: roy send us this note, asking us about another one of your picks. with massive job cuts in cisco this would seem to be a bad projection for future sales. what are its prospects with him cisco has been a dog for the better part of a couple years with earnings warnings continuing to take it down. you mentioned it back in april when it was 19.5. >> cisco is obviously the most days pointing tech stock out there, but over the long run it should come back...
130
130
Sep 3, 2012
09/12
by
WETA
tv
eye 130
favorite 0
quote 0
and it's not good for us. >> reporter: dr. civin says labs across the country may have to lay people off if their grants are defunded or reduced. eventually, that could lead to less research and fewer cures. he's especially worried about young scientists. some of them have new- potentially breakthrough- ideas, but might struggle to get financial backing when grants are harder to win. >> i have a pile of ten of those to review, and only one of those gets funded. i'm going to fund the surest thing. or recommend funding of the surest thing. that means by definition, the stuff that i'm used to. that i expect. that is an incremental gain. but this risky one, down at the bottom of the pile, well that could be great, but i'm just not sure. it's so new, it's so different, i'm not going to fund it. >> reporter: the sequester would have a similar effect on a wide range of programs across the country, from science, to public safety, to education. defense spending would take a huge hit with $500 billion in cuts. in phoenix, mayor greg sta
and it's not good for us. >> reporter: dr. civin says labs across the country may have to lay people off if their grants are defunded or reduced. eventually, that could lead to less research and fewer cures. he's especially worried about young scientists. some of them have new- potentially breakthrough- ideas, but might struggle to get financial backing when grants are harder to win. >> i have a pile of ten of those to review, and only one of those gets funded. i'm going to fund the...
125
125
Apr 16, 2013
04/13
by
WETA
tv
eye 125
favorite 0
quote 0
. >> i think i use my ipad more than i use my computer to where it's almost obsolete. >> bottom line, investors aring keep believing. joining us now to talk about the earnings from intel and yahoo and the out look for the technology sector. is the portfolio manager of the t-rowe price technology fund. the thing that ties the companies egg together, they are about two companies trying to reinvent themselves. in the case of intel, does it have what it takes to reinvent itself, and jump start the company. and in the case of yahoo, is the turn around strategy works? >> thank you for having me on. it's nice to be with you. you hit the nail on the head, both are reinvention stories. -- intel, the segment that they sell into, the pcs are under a lot of pressure. i smiled in the segment leading into this. people are not using their pcs as much as they did in the past. so, i think intel does have what it takes to turn around eventually but it will be a slow process to establish themselves in the smartphone and tablet market. yahoo is going through a turn around and what we saw this quarter was
. >> i think i use my ipad more than i use my computer to where it's almost obsolete. >> bottom line, investors aring keep believing. joining us now to talk about the earnings from intel and yahoo and the out look for the technology sector. is the portfolio manager of the t-rowe price technology fund. the thing that ties the companies egg together, they are about two companies trying to reinvent themselves. in the case of intel, does it have what it takes to reinvent itself, and...
329
329
Dec 22, 2011
12/11
by
WETA
tv
eye 329
favorite 0
quote 0
ron matz takes us inside to show us what make this is train garden so special. >> reporter: the holiday train garden at the glenn avenue fire station is right on track. now in its 56th year, the longest continually operating train garden in baltimore. four trains running constantly, the set-up begins in october. >> a small scene can take 10-12 hours to do, much less getting the other stuff ready. so just the scenes themself take up a lot of time. >> reporter: it's 40 by 15 feet, from harry potter to winter wonderlands and even mr. bo. the display takes up half of the firehouse. at glenn avenue, it is all about tradition. >> some people generations after generations sign our guest book we have upfront and many people have been coming here since they were children and they are bringing their grandchildren. so it is amazing. >> reporter: there is no charge to get in but donations keep the trains running. >> we thank you for your contributions. this is self sustaining so your contributions keep us going every year. >> it is something we enjoy seeing the families coming in and enjoying the t
ron matz takes us inside to show us what make this is train garden so special. >> reporter: the holiday train garden at the glenn avenue fire station is right on track. now in its 56th year, the longest continually operating train garden in baltimore. four trains running constantly, the set-up begins in october. >> a small scene can take 10-12 hours to do, much less getting the other stuff ready. so just the scenes themself take up a lot of time. >> reporter: it's 40 by 15...
294
294
Oct 7, 2010
10/10
by
WETA
tv
eye 294
favorite 0
quote 0
joining us, klaus kleinfeld, c.e.o. of the aluminum giant. klaus, nice to you have back on nightly business report. >> good evening, good to be here. >> susie: let me jump right ahead for your outlook to 2011. you've come off of a good profitable back-to-back quarter. what are you expecting in terms of profit an revenue growth for next year? >> well, as you said, we have a solid third quarter, cash is up, balance sheet is improved. great performance on the midstream and downstream business. and improvement on the upstream against quite a bit of headwinds that we were facing. at the same time, we see a solid recovery of the economy in general. and also in the u.s. and we have raised the expectation for the alumn alumni-- aluminum, another time, this time to 13% this year. >> susie: when are you talking about 13%, are you talking being global aluminum consumption and a lot of that, you said in your release today is being driven by what is going on in china. and that's worldwide. but how much will alcoa benefit from that growth given that most o
joining us, klaus kleinfeld, c.e.o. of the aluminum giant. klaus, nice to you have back on nightly business report. >> good evening, good to be here. >> susie: let me jump right ahead for your outlook to 2011. you've come off of a good profitable back-to-back quarter. what are you expecting in terms of profit an revenue growth for next year? >> well, as you said, we have a solid third quarter, cash is up, balance sheet is improved. great performance on the midstream and...
178
178
Apr 28, 2011
04/11
by
WETA
tv
eye 178
favorite 0
quote 0
they also told us -- 66% of them told us that they felt that their children were not prepared to inherit whatever wealth comes their way and yet 50% of them -- 50% have not spoken with their advisors about ways to prepare their children to get that wealth, yet 98% talk to their advisor about investment performance. the focus is too narrow on the part of the individual and too narrow on the part of the advisor. >> keith, many of those you spoke to don't actually plan on retiring in the classic sense that we think about kicking your heels up and not going in to work each morning -- in fact, about half plan on continuing their work. what are the implications, do you think, for the labor market? we've seen job growth begin to pick up but still seven million americans are out of work today compared to just three years ago and if quote unquote retired baby boomers continue to work, that doesn't necessarily speak well for future generations, does it? >> it's an interesting point, tom, because what you will see is many of these folks staying in the labor force a lot longer. one of the big concer
they also told us -- 66% of them told us that they felt that their children were not prepared to inherit whatever wealth comes their way and yet 50% of them -- 50% have not spoken with their advisors about ways to prepare their children to get that wealth, yet 98% talk to their advisor about investment performance. the focus is too narrow on the part of the individual and too narrow on the part of the advisor. >> keith, many of those you spoke to don't actually plan on retiring in the...
119
119
May 23, 2012
05/12
by
WETA
tv
eye 119
favorite 0
quote 0
next, he used a system to create momentum. it was easy to complain about his salary, his title, and the economy. finally, after years of this, he decided to take control. instead of simply trying harder, he set up a regular system of automatically paying off his debt, contacting people in his field, and taking them out to coffee. within weeks, he was fielding multiple job interviews. now, will we all negotiate a $50,000 raise? of course not. but chris shows us that, even in a dismal economy, we can still control our own futures. i'm ramit sethi. >> tom: see you online at nbr.com and back tomorrow night. "nightly business report" is brought to you by: captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> join us anytime at nbr.com. there, you'll find full episodes of the program, complete show transcripts and all the market stats. also follows us on our facebook meage at bizrpt. and on twitter.bizrpt zr
next, he used a system to create momentum. it was easy to complain about his salary, his title, and the economy. finally, after years of this, he decided to take control. instead of simply trying harder, he set up a regular system of automatically paying off his debt, contacting people in his field, and taking them out to coffee. within weeks, he was fielding multiple job interviews. now, will we all negotiate a $50,000 raise? of course not. but chris shows us that, even in a dismal economy, we...
156
156
Feb 13, 2012
02/12
by
WETA
tv
eye 156
favorite 0
quote 0
we are stable. 2008, 2009 are behind us. as far as tremendous growth, i don't see it. >> reporter: that jibes with what many economists are seeing. b.n.p. paribas' jeremy lawson expects the u.s. economy to grow at a 2.3% rate this year. >> what that is-- it's enough to prevent the unemployment rate from increasing. it's probably enough to generate a slight fall in unemployment. but it's not enough to change things very quickly-- to bring about say a rapid fall in unemployment. >> reporter: president currently has about 350 employees, and grossbard isn't planning on hiring more anytime soon. his main concern is smaller profit margins due to rising raw material and healthcare costs. so, grossbard says it doesn't pay to make major business investments until he sees a key sign. >> for us to start hiring is a pickup in the economy. a pick-up in the economy means i need more machines in order to meet demand. more machines to meet demand, the more people i need to run the machines. >> reporter: for now, the factory now will keep ru
we are stable. 2008, 2009 are behind us. as far as tremendous growth, i don't see it. >> reporter: that jibes with what many economists are seeing. b.n.p. paribas' jeremy lawson expects the u.s. economy to grow at a 2.3% rate this year. >> what that is-- it's enough to prevent the unemployment rate from increasing. it's probably enough to generate a slight fall in unemployment. but it's not enough to change things very quickly-- to bring about say a rapid fall in unemployment....
109
109
Nov 21, 2011
11/11
by
WETA
tv
eye 109
favorite 0
quote 0
gregg greenberg with us. how are these fund managers approaching european stocks given all the concerns about the economy? >> well, here's the thing. if you read any investment book or you listen war-- warren buffett himself they say you want to guy when there is blood in the streetses. and there is far, the streets in europe are quite bloody right now so there are opportunities to be had. but on the other hand you don't want to catch a falling knife which is other wall street maxim. you don't want to add to that carnage. so you have to be careful. you have to look for stocks that have a very good oversea sales, particularly to emerging markets. and you want to have stocks that can withstand the austerity in europe. >> you have been talking to fund managers. they've identified a trio. one is the german conglomerate siemens, si, ticker symbol here in the united states it has dropped off from 140 dollars per share in the summertime to below 100. what are the expectations? >> well, siemens is a german ge and ger
gregg greenberg with us. how are these fund managers approaching european stocks given all the concerns about the economy? >> well, here's the thing. if you read any investment book or you listen war-- warren buffett himself they say you want to guy when there is blood in the streetses. and there is far, the streets in europe are quite bloody right now so there are opportunities to be had. but on the other hand you don't want to catch a falling knife which is other wall street maxim. you...
312
312
Apr 18, 2012
04/12
by
WETA
tv
eye 312
favorite 0
quote 0
he used the money to buy more wells. the company and mcclendon say the loans were private transactions and immaterial to chesapeake. b.p. today released details of a recent settlement over claims from its 2010 gulf of mexico oil spill. the british oil giant expects to pay $7.8 billion to resolve economic, property and medical claims by more than 100,000 people and businesses. but there's no maximum so the ultimate payout could be higher. this isn't the last of b.p.'s payouts. it still faces tens of billions of dollars of claims from the federal government, gulf states and its drilling partners transocean and halliburton. friday is the two-year anniversary of the explosion and subsequent spill. and we talk with louisiana senator mary landrieu about the changes to her state's economy two years after the b.p. spill. >> tom: if you need more evidence of globalization, just listen to this: an explosion at a chemical plant in germany threatens to put the brakes on the auto industry. the disaster comes after auto makers have be
he used the money to buy more wells. the company and mcclendon say the loans were private transactions and immaterial to chesapeake. b.p. today released details of a recent settlement over claims from its 2010 gulf of mexico oil spill. the british oil giant expects to pay $7.8 billion to resolve economic, property and medical claims by more than 100,000 people and businesses. but there's no maximum so the ultimate payout could be higher. this isn't the last of b.p.'s payouts. it still faces...
163
163
Sep 18, 2012
09/12
by
WETA
tv
eye 163
favorite 0
quote 0
also follows us on our facebook page at bizrpt. and on twitter @bizrpt. vo:geico, committed to providing service to its auto insurance customers for over 70 years. more information on auto insurance at geico.com or 1-800-947-auto any time of the day or night.
also follows us on our facebook page at bizrpt. and on twitter @bizrpt. vo:geico, committed to providing service to its auto insurance customers for over 70 years. more information on auto insurance at geico.com or 1-800-947-auto any time of the day or night.
119
119
Dec 16, 2010
12/10
by
WETA
tv
eye 119
favorite 0
quote 0
>> yes, i do. >> tom: you can follow her on pbs.org or e-mail us, or look us up and send us a note by twitter and my feed or nbr's feed and facebook as well. we'll feature some of your questions next wednesday evening. our street critique guest, held rather kramer. >> susie: here's what we're watching for tomorrow: quarterly results from fedex, oracle and research in motion-- along with weekly jobless claims and november housing starts. and if you still haven't cleared out your online shopping carts, you're in luck. shipping is on the house at over a thousand retailers on friday. we ask retailers why "free shipping day" is so popular. the gulf of mexico oil disaster was caused by companies failing to take necessary precautions. that's the claim made by the obama administration today in a civil lawsuit filed against b.p. and four other companies. they include anadarko petroleum, transocean, a division of mitsui and transocean's insurer, lloyds of london. the suit accuses them of violating environmental laws. it does not ask for a specific amount of damages. >> tom: if you plan to cheat
>> yes, i do. >> tom: you can follow her on pbs.org or e-mail us, or look us up and send us a note by twitter and my feed or nbr's feed and facebook as well. we'll feature some of your questions next wednesday evening. our street critique guest, held rather kramer. >> susie: here's what we're watching for tomorrow: quarterly results from fedex, oracle and research in motion-- along with weekly jobless claims and november housing starts. and if you still haven't cleared out...
240
240
Dec 29, 2010
12/10
by
WETA
tv
eye 240
favorite 0
quote 0
he's the founder of citizens for affordable energy. >> he join us us tonight. john, welcome to nightly business report. >> thank you. >> you predict $5 a gallon by 2012. why so high? >> all the conditions which led to $5 gasoline in california in 2008 have returned. except they've returned under a different setted of circumstances. now we have more asian growth and demand for crude oil than ever in history. our economy is recovering, our demand is back to where it was basically in 2008. combine the asian demand with the fact that in this country we have done nothing. we learned no lessons from the 2008 high price period. in fact, we've gone the opposite direction. we've put a moratorium on drilling. we lifted the moratorium on drilling in the gulf of mexico, but granting no permits. the secretary of the interior has moved the next five year leasing plan to 2017. this administration has basically said we're not going to do oil. it's very difficult to do coal as well. >> tom: john, you talk about supply and demand there. demand from asia especially demand from th
he's the founder of citizens for affordable energy. >> he join us us tonight. john, welcome to nightly business report. >> thank you. >> you predict $5 a gallon by 2012. why so high? >> all the conditions which led to $5 gasoline in california in 2008 have returned. except they've returned under a different setted of circumstances. now we have more asian growth and demand for crude oil than ever in history. our economy is recovering, our demand is back to where it was...
163
163
Dec 15, 2011
12/11
by
WETA
tv
eye 163
favorite 0
quote 0
department on a daily basis and saying why can't i use my iphone like i use my android device on the corporate network and i.t. is running out o of excuses why they can't. >> if have you a 24-month time horizon would you buy shares of rim at this price? >> no, i would not. >> any disclosure. are you owning any? >> i do not own any rim shares. >> on research and motion tonight roger entner with us from massachusetts with recon analytics. >> tomorrow is a >> susie: tomorrow will be a big day for zynga. it makes its wall street debut, selling shares to the public for the first time. the social game maker stands to raise a billion dollars. zynga priced 100 million shares at $10 a share. that's at the high end of its range. the stock will trade on the nasdaq under the ticker z-n-g-a. zynga is part of a slew of companies rushing to go public by the end of the year. today, it was designer michael kors, and his shares were the most active issue here on the big board. this is busiest week for i.p.o.s since november 2007. erika miller takes a closer look at what's behind this flurry of activit
department on a daily basis and saying why can't i use my iphone like i use my android device on the corporate network and i.t. is running out o of excuses why they can't. >> if have you a 24-month time horizon would you buy shares of rim at this price? >> no, i would not. >> any disclosure. are you owning any? >> i do not own any rim shares. >> on research and motion tonight roger entner with us from massachusetts with recon analytics. >> tomorrow is a...
111
111
Feb 4, 2013
02/13
by
WETA
tv
eye 111
favorite 0
quote 0
it's used in automobile manufacturing. and many automakers are forecasting increased global demand for new cars and trucks. the big question, of course, is where silver heads from here. from 2001 to 2010, silver moved from about $4 an ounce to $20. but in 2011, prices peaked at nearly $50, but then pulled back. according to a recent survey, precious metals experts think silver will average around 40 dollars an ounce this year, a gain of over 30% from 2012. so what could derail the silver rally? >> silver has been kind of trading between this 28 and 32 level for some time now. and, i think if you find that there is a raise in interest rates to curb inflation, i think you are going to find that's very bearish for silver. >> reporter: another risk is a big rally in the stock market. if investors get more comfortable with risk, they may bail out of safehaven investments like precious metals. erika miller, "n.b.r.," n york. " >> tom: we continue our monday series with some of the nation's top universities bringing you the best
it's used in automobile manufacturing. and many automakers are forecasting increased global demand for new cars and trucks. the big question, of course, is where silver heads from here. from 2001 to 2010, silver moved from about $4 an ounce to $20. but in 2011, prices peaked at nearly $50, but then pulled back. according to a recent survey, precious metals experts think silver will average around 40 dollars an ounce this year, a gain of over 30% from 2012. so what could derail the silver rally?...
229
229
Jan 18, 2011
01/11
by
WETA
tv
eye 229
favorite 0
quote 0
we hire an individual to help us by throwing out scenarios to us so that we can respond to them in real time and really develop a partnership between all the people who do have to make game day decisions. >> do you think we'll see any changes in the super bowl in coming years? or do you keep from messing with the formula that's proven itself for nearly half a century? >> it's really almost unbelievable to think that super bowl can continue to evolve and continue to get better. but that's our job. our job is to make sure that it does continue to get better. it's our job to keep pushing the envelope, making sure that we're doing great things for the game of football, for the brand of the nfl, and for all of our business partners and fans. >> horrow: finally, as important as the super bowl is as a football game, we shouldn't forget that it's also home to the world's most-watched musical event, the half-time show. that show seems to get bigger and more complex every year, and features the biggest names in the business as performers. coordinating the halftime show is also a huge responsibili
we hire an individual to help us by throwing out scenarios to us so that we can respond to them in real time and really develop a partnership between all the people who do have to make game day decisions. >> do you think we'll see any changes in the super bowl in coming years? or do you keep from messing with the formula that's proven itself for nearly half a century? >> it's really almost unbelievable to think that super bowl can continue to evolve and continue to get better. but...
936
936
Sep 18, 2009
09/09
by
WETA
tv
eye 936
favorite 0
quote 0
it's a pnt not widely regnized in the us. thproblem in the us is not ov usage its that prices are too high. >> reporter: japanespatients are starng to demand frills, like longer visi with their docts. that's likely to spur hikes premiums and tax. yet, expts are confident that even with a st-graying pulation, japans ruthless focus onost containment will keep health ca universal and afrdable. lucy craft"nightly business report", tokyo. tomorrow, our iday market monir guest is robert morrow, editor of the institional advisory svice. >> susie: if you'vnoticed your bankccount getting a little gger recently, you're not alone. the federal reserve ys americans' net worth jumd by $2 trilln, up to $53 trillion this spring. that'she first gain in nearly 2 years when householdealth peaked at 5 trillion. net worth is the value of sets like homes, investments d checkingccounts, minus debts like mortgages and credit rds. >> paul: it oks like one of rnie madoff's homes has a ne owner. realtor e corcoran group says a buyer has agreedo purchas
it's a pnt not widely regnized in the us. thproblem in the us is not ov usage its that prices are too high. >> reporter: japanespatients are starng to demand frills, like longer visi with their docts. that's likely to spur hikes premiums and tax. yet, expts are confident that even with a st-graying pulation, japans ruthless focus onost containment will keep health ca universal and afrdable. lucy craft"nightly business report", tokyo. tomorrow, our iday market monir guest is...
165
165
Oct 28, 2013
10/13
by
WETA
tv
eye 165
favorite 0
quote 0
mcdonald's has already reduced the use of heinz, only using it in two markets, minneapolis and pittsburgh. plus, it uses it internation internationally. so where is mcdonald's getting their catsup? it has a variety of suppliers, and most people will not notice the change. but mcdonald's is squeezing out heinz just as burger king promotes new french fries, and while many have tried and failed to launch the popularity of burger king fries, perhaps many hope that the catsup will help it catch up. >>> and finally, the ellis island museum opened today ahead of the one-year anniversary of superstorm sandy. it has been closed since the storm flooded the island, filling the basement archives and computers used to research the records. ellis was home for about 12 million immigrants entering the united states and sits right next door to the statue of liberty. the $28 million restoration project is still continuing. >>> and recapping our earnings investments, investors initially sold on the future market pressure but shares have since erased those losses. >> and we'll see how they do tomorrow. >> we
mcdonald's has already reduced the use of heinz, only using it in two markets, minneapolis and pittsburgh. plus, it uses it internation internationally. so where is mcdonald's getting their catsup? it has a variety of suppliers, and most people will not notice the change. but mcdonald's is squeezing out heinz just as burger king promotes new french fries, and while many have tried and failed to launch the popularity of burger king fries, perhaps many hope that the catsup will help it catch up....
299
299
Jun 10, 2011
06/11
by
WETA
tv
eye 299
favorite 0
quote 0
he joins us from boston. lew, welcome to nightly business report. >> thank you. >> tom: let me ask you, is this sell-off we've seen here in the month of june any different than others we've seen in what otherwise has been a two-crer plus stock market rally? >> it really feels very similar to where we were in the spring of 2010. you had the european debt crisis rear its ugly head, similar to where we are now. you had the end of-- or the potential end of the fed's quantitative easing program a year or so ago, similar to where we are now. and you also had energy and commodity prices spiking at the same time which were having an impact on economic growth. so all those things are still in place or have kind of come back into place right now, it is causing a little bit of fear in investor's minds. >> susie: so with that in mind, those trio of concerns, how do you rank those in terms of the biggest uncertainty for investors? >> well, i think in the short run the end of the quantitative easing program, i think is a h
he joins us from boston. lew, welcome to nightly business report. >> thank you. >> tom: let me ask you, is this sell-off we've seen here in the month of june any different than others we've seen in what otherwise has been a two-crer plus stock market rally? >> it really feels very similar to where we were in the spring of 2010. you had the european debt crisis rear its ugly head, similar to where we are now. you had the end of-- or the potential end of the fed's quantitative...
206
206
Dec 14, 2011
12/11
by
WETA
tv
eye 206
favorite 0
quote 0
he joins us from winston-salem, north carolina. happy holidays to you, sir, nice to see you again. >> thank you, tom, happy holidays to you as well. >> tom: as you look at the new regulatory environment continuing to take shape in 2012, how about the business environment shaping up for bb and t? >> well, you know, actually the business environment for us is meshably positive -- measureably positive. it's been strengthening as we've gone through the fourth quarter, and our pipelines are robust, and we're pretty optimistic on the lone side and the deposit side as we look into next year. essentially we have a number of special opportunities in our business that's causing us to have a better than market growth rate. so we're relatively positive. >> tom: what are those special opportunities that presented themselves to bb and t? >> well, so we have a real focus now on large corporate lending. because our bank has gotten to be fairly large fairly quickly. we've never really had a large share of the national large corporate market, so for
he joins us from winston-salem, north carolina. happy holidays to you, sir, nice to see you again. >> thank you, tom, happy holidays to you as well. >> tom: as you look at the new regulatory environment continuing to take shape in 2012, how about the business environment shaping up for bb and t? >> well, you know, actually the business environment for us is meshably positive -- measureably positive. it's been strengthening as we've gone through the fourth quarter, and our...
675
675
Aug 11, 2010
08/10
by
WETA
tv
eye 675
favorite 0
quote 0
suzanne pratt is with us. just one day after the federal reserve confirmed an economic slowdown, wall street today reacted in a big way. >> suzanne: tom, stocks sold off sharply. the dow lost 265 points, the nasdaq was off 68 and the s&p 500 lost 31 points. volume also picked up, with over a billion shares trading hands on the big board and 2.3 billion moving on the nasdaq. >> tom: the fed's assessment of slowing growth reminds some investors of japan 20 years ago. that's when growth stalled following a deep recession. scott gurvey looks at whether we're headed down the same road. >> reporter: it is called japan's lost decade-- the decade of the 1990's when the japanese economy did not grow. the stagnation followed a severe recession, the result of a bursting real estate bubble. the similarities to america's current condition are striking. but economist jerry webman of oppenheimer funds says there are significant differences. >> we're a major commodity producer, unlike japan. our population is growing; it's no
suzanne pratt is with us. just one day after the federal reserve confirmed an economic slowdown, wall street today reacted in a big way. >> suzanne: tom, stocks sold off sharply. the dow lost 265 points, the nasdaq was off 68 and the s&p 500 lost 31 points. volume also picked up, with over a billion shares trading hands on the big board and 2.3 billion moving on the nasdaq. >> tom: the fed's assessment of slowing growth reminds some investors of japan 20 years ago. that's when...
320
320
Nov 6, 2009
11/09
by
WETA
tv
eye 320
favorite 0
quote 0
ibm an hewlett-packard us to bsysco partners but not any more. they try to catch this wave of tech spending, is that going to make things diffult for cisco, are we going toee a clash of the techitans? >> the exciting thing about at cisco is dog is if u look down to the consumer lev we're competing against very goo companies like apple. steve jobs actually brought our flip proct on stage the other day an said it is the first time he has ever done that and said here say very good company, but we're gointo beat them. that is a good compliment and a shot across the b. you begin to thinkbout where are going inhe dataenter. clearly we'll be taki on someery good companies li at hp and an ibm. u begin to think about where we are going in traditional communicatns. you still go alcatel, luce, ntel, et cetera. we wilnot lack for competion in every area. microsoft collaboratio. but we'r often viewed as a company, we move in a rket. we usuallyecome the number one player we will see how succeful we can be in these n markets. d the competition f you haven't got
ibm an hewlett-packard us to bsysco partners but not any more. they try to catch this wave of tech spending, is that going to make things diffult for cisco, are we going toee a clash of the techitans? >> the exciting thing about at cisco is dog is if u look down to the consumer lev we're competing against very goo companies like apple. steve jobs actually brought our flip proct on stage the other day an said it is the first time he has ever done that and said here say very good company,...
324
324
Aug 12, 2010
08/10
by
WETA
tv
eye 324
favorite 0
quote 0
you can also email us at nbr@pbs.org.
you can also email us at nbr@pbs.org.
320
320
Jun 1, 2010
06/10
by
WETA
tv
eye 320
favorite 0
quote 0
it uses bonds as a way to finance its operations, from defense to food stamps. there are five kinds of government issues, offering different maturities and yields. treasury bills have the shortest maturity, ranging from a few days to a year. they sell at a discount from their face value, so a buyer collects interest when the bill matures. treasury notes have maturities ranging from two years to ten years and pay interest every six months. treasury bonds, sometimes called the "long bond," mature in 30 years. they also pay interest every six months. treasury inflation-protected securities, or "tips," work differently. their returns vary with inflation. tips pay interest twice a year at a fixed rate, but their principal adjusts to reflect changes in the consumer price index. they can be held to maturity or sold at any time. u.s. savings bonds are sold in small denominations at face value and at half of face value. they mature anywhere from 20 years to 30 years. you can cash out early, but if you do before five years, you risk losing interest. all u.s. government is
it uses bonds as a way to finance its operations, from defense to food stamps. there are five kinds of government issues, offering different maturities and yields. treasury bills have the shortest maturity, ranging from a few days to a year. they sell at a discount from their face value, so a buyer collects interest when the bill matures. treasury notes have maturities ranging from two years to ten years and pay interest every six months. treasury bonds, sometimes called the "long...
178
178
May 7, 2012
05/12
by
WETA
tv
eye 178
favorite 0
quote 0
they couldn't decide if google's use was "fare use." the size of the damage is not clear tonight. oracle wanted as much as one billion dollars. joining us with more analysis is julie samuels staff attorney at the electronic frontier foundation. julie, thank you for joining us. it sounds like this case is far from over. what happens next? >> susie, that's right. this case is far from over. this is one part of the first phase. right now the jury and the court is considering copyright. what oracle claims doin google infringed a program called api. it's not clear if you can have a copyright on that. the court needs to decide if there is a valid copyright. the jury says maybe google infringed and maybe they didn't. >> susie: google's lawyers sayta miss trial and oracle saying they want a share of google's profits. what do you think the judge will say? >> there is a lot of steps left in the process. first a judge has to decide if you can get a copyright on this programming language we're talking about. also the jury punted on this issue, like you said is this a legal fare use. if this i
they couldn't decide if google's use was "fare use." the size of the damage is not clear tonight. oracle wanted as much as one billion dollars. joining us with more analysis is julie samuels staff attorney at the electronic frontier foundation. julie, thank you for joining us. it sounds like this case is far from over. what happens next? >> susie, that's right. this case is far from over. this is one part of the first phase. right now the jury and the court is considering...
1,247
1.2K
Oct 12, 2009
10/09
by
WETA
tv
eye 1,247
favorite 0
quote 0
for discount and using coupons is "in" ain. but thanks to w technology you y not have to clip them anymore. as jf yastine reports, all you need is a cellone. >> reporter: let face it. we use our mobile ones to talk, toet text messages and emails. news and weather arts. ev to trade stocks. so why not mobile coupons? instead of cpping a paper coupon, it shows u as a text messagor an e-mail to your cellphone. >> i keep coupstern my favorites, si just dial the mber. >> reporter: gary phillips i the c.e.o. of hlywood, florida based my cpster.com. >> hello. and welcome to coupste >> reporter: cpster is voice- tivated. philips owed us how it works. >> you hit "encall" and wait teseconds. i go n to my text-messages, and here it : it says "las ol stadium 15. >> reporter: the coupohas an expirationate, and an unique identity code. they're not am. you have to choose, orpt-in, just to gethe offers. >> and if you want to opt-ou it tells you howo opt-out. >> reporter:o now, once you ve that coupon, you have it your cellphone. you can just go
for discount and using coupons is "in" ain. but thanks to w technology you y not have to clip them anymore. as jf yastine reports, all you need is a cellone. >> reporter: let face it. we use our mobile ones to talk, toet text messages and emails. news and weather arts. ev to trade stocks. so why not mobile coupons? instead of cpping a paper coupon, it shows u as a text messagor an e-mail to your cellphone. >> i keep coupstern my favorites, si just dial the mber. >>...
392
392
Dec 23, 2009
12/09
by
WETA
tv
eye 392
favorite 0
quote 0
economic stastics will give us the answers eventually, but ey will inform us after t fact. are thermore subtle ways we can monitor whher the tide is arting to turn? pshologists know that the same event, framed in difrent ways, can yield different reaction experints have shown that meat labeled "75% lean" as oppod to "25% fat" indeed seen as leaner, higher quality mea even thoh the amount of fat or leanness ithe same in both ses. similarly, actity in the market place can bframed in terms of what consumers ar doing veus what they are not doing, even though the activities are equivent. for example, iwe want to avoid other credit crisis, we can either counselonsumers to avoid spding unwisely or we can encourage them to spd wisely. the subtty is important, because we know that whe consumers feelncertain, they te to withdraw. they are more comforble when they are n doing things, so they avoidasteful spending. when consumers feel more ctain and more confint, they are more comfortableoing things, so ty approach value-driven spending. as we ge into the recovery, marketers should foc
economic stastics will give us the answers eventually, but ey will inform us after t fact. are thermore subtle ways we can monitor whher the tide is arting to turn? pshologists know that the same event, framed in difrent ways, can yield different reaction experints have shown that meat labeled "75% lean" as oppod to "25% fat" indeed seen as leaner, higher quality mea even thoh the amount of fat or leanness ithe same in both ses. similarly, actity in the market place can...
495
495
Jun 23, 2010
06/10
by
WETA
tv
eye 495
favorite 0
quote 0
they used the extended period of time again. i did note three new negatives in that policy statement. >> susie: let's talk a little about that policy statement and let's take a closer look. the very first sentence says the economic recovery is proceeding. when you compare that language to the last meeting, they described economic activity as strengthening. what is the real message here? is the recovery in trouble, and are the weak economies in europe going to be a serious problem for us? >> i think the fed is beginning to take a second look. as you note, they were more optmistic in that earlier statement, and a little more pessimistic. i think they feel the recovery is still on, but instead of of maybe looking at 3% or 4% growth this year and next, maybe we're looking at 2% or 3%, and there are some new negatives in the picture. >> susie: you said there were three things. one is this economic recovery. what are the other two? >> the key is the housing reference. the fed has been a little worried about the housing market stalling
they used the extended period of time again. i did note three new negatives in that policy statement. >> susie: let's talk a little about that policy statement and let's take a closer look. the very first sentence says the economic recovery is proceeding. when you compare that language to the last meeting, they described economic activity as strengthening. what is the real message here? is the recovery in trouble, and are the weak economies in europe going to be a serious problem for us?...
385
385
Dec 30, 2010
12/10
by
WETA
tv
eye 385
favorite 0
quote 1
also tomorrow, sam stovall joins us to wrap up stocks for the year and to give us his outlook for 2011. he's chief market strategist at standard & poor's. investment banker steve rattner will pay $10 million to settle charges he paid kickbacks to get new york state's pension fund to invest with his company. rattner admitted no wrongdoing as part of the deal with new york's attorney general. rattner has also agreed he will not do business with any new york pension fund for five years. you may recall rattner was once the obama administration's so- called "car czar" leading the auto industry bailout. >> tom: speaking of the auto industry, chrysler is recalling almost 150,000 cars and trucks. it's actually three separate recalls. in the largest, 65,000 dodge journey vehicles, all model year 2009, could have faulty wiring. 56,000 ram 1500 trucks, all model year 2011, have rear axles that could seize up. and more than 22,000 dodge rams from the last four model years could have steering problems. >> tom: a rising tide lifts all boats, or so americans hope. commentator todd buchholz thinks tha
also tomorrow, sam stovall joins us to wrap up stocks for the year and to give us his outlook for 2011. he's chief market strategist at standard & poor's. investment banker steve rattner will pay $10 million to settle charges he paid kickbacks to get new york state's pension fund to invest with his company. rattner admitted no wrongdoing as part of the deal with new york's attorney general. rattner has also agreed he will not do business with any new york pension fund for five years. you...
300
300
Mar 4, 2010
03/10
by
WETA
tv
eye 300
favorite 0
quote 0
that were thank you for joining us. win thin, senior strategist at. >> susie: still ahead, tonight's "shop talk" looks at how offering old-fashioned value built lands' end brand. >> tom: another afternoon swoon today, but it was a little steeper than yesterday, ending with a flat to weaker close for the major indices. but like yesterday, it was basic material-focused stocks that held onto their gains. mining and construction equipment maker joy global helped spark buying with this fiscal first quarter earnings report. u.s. sales fell, but overseas, they're picking up. most importantly it projects profits to be in the top half of its earlier guidance. today's buying, joy global stock is at its highest price since mid-january. the stock is now up more than 14% in the past month. the buying extended to competitors, with terex, bucyrus, and the smaller nacco industries staging rallies. buyout rumors are circling terex. last month the company sold its mining equipment to bucyrus. small cap nacco makes forklifts and mining ge
that were thank you for joining us. win thin, senior strategist at. >> susie: still ahead, tonight's "shop talk" looks at how offering old-fashioned value built lands' end brand. >> tom: another afternoon swoon today, but it was a little steeper than yesterday, ending with a flat to weaker close for the major indices. but like yesterday, it was basic material-focused stocks that held onto their gains. mining and construction equipment maker joy global helped spark buying...
221
221
Feb 19, 2010
02/10
by
WETA
tv
eye 221
favorite 0
quote 0
initially he lost the use of both arms. >> reporter: jack mcilwee eventually regained the use of one arm, but couldn't follow his dream of becoming a builder. so, he went into millwork and in 1963 founded the j.j. mcilwee company on chicago's south side. three of his four sons followed him into the business. but in 1991 the company literally went up in flames. the j.j. mcilwee company burned to the ground. >> that was probably the toughest time for us as a family. for us as a business. >> reporter: within a few weeks of the fire the company was back in business, farming out work. nine months later j.j. mcilwee reopened at its current location and in 2006 became mcilwee millwork. >> after the fire, the mcilwee's came up with a list of lessons to follow which included thinking small, being frugal, operating on zero debt, and always expecting the worst. they are lessons that are serving the mcilwees well today. >> the competitors that have closed their doors, i really want to hammer on their customers and get in front of their customers. i don't care how we do it. >> reporter: in weekly
initially he lost the use of both arms. >> reporter: jack mcilwee eventually regained the use of one arm, but couldn't follow his dream of becoming a builder. so, he went into millwork and in 1963 founded the j.j. mcilwee company on chicago's south side. three of his four sons followed him into the business. but in 1991 the company literally went up in flames. the j.j. mcilwee company burned to the ground. >> that was probably the toughest time for us as a family. for us as a...
122
122
Aug 9, 2012
08/12
by
WETA
tv
eye 122
favorite 0
quote 0
janing us to michael appel. michael, let's take a drive around town and get your thoughts on the retail industry. >> terrific. let's go. >> michael, uf've goten a barrage of readings fr, ralph lauren on. what's your out look for the retail sector? >> we're seeing signs that the consumer is cautious and pulling back, and the housing market is not recovering quickly as possible. nor is unemployment. so i think what that's going to tell us is the consumer is going to be cautious, but will spend as long as they >> what does value mean for the consumer? does it mean different things for a consumer shopping at a luxury retailer versus a mass market retailer? >> i think people equate value with quality that they're getting for the money that they're paying. >> so here we are on ne new york's madison avenue, ground zero for luxury retail. >> michael, overnight we saw numbers coming out of china showing the government might have to inject a little more stimulus into the economy. what sort of impact is the slowdown in chi
janing us to michael appel. michael, let's take a drive around town and get your thoughts on the retail industry. >> terrific. let's go. >> michael, uf've goten a barrage of readings fr, ralph lauren on. what's your out look for the retail sector? >> we're seeing signs that the consumer is cautious and pulling back, and the housing market is not recovering quickly as possible. nor is unemployment. so i think what that's going to tell us is the consumer is going to be cautious,...
182
182
Sep 20, 2013
09/13
by
WETA
tv
eye 182
favorite 0
quote 0
will power us all... into the future. ♪ >> announcer: the big idea, brought to you by the brilliant minds and machines of ge. >>> from the world of religion, proof tonight that portability and popularity may be linked. they call the bible the good book. it always has been un util now. now it's an app and a lot of people are finding what they are look for on their mobile device instead. as part of our series, "the big idea" we get more from nbc's chelsea clinton. >> what's going on, everybody? >> reporter: when caesar delivers a sermon these days, this is a common sight. his youth congregation is following along on digital bibles, thanks to the wildly popular bible app u-version. >> wow, they do get it. they are digging into god's word in a digital form. >> it's nice to have it on your phone. >> i can dig into god's word whenever i want to. >> i can flip open the app and select the book i was looking for. >> reporter: it's been downloaded more than a hundred million times putting it in the same league as
will power us all... into the future. ♪ >> announcer: the big idea, brought to you by the brilliant minds and machines of ge. >>> from the world of religion, proof tonight that portability and popularity may be linked. they call the bible the good book. it always has been un util now. now it's an app and a lot of people are finding what they are look for on their mobile device instead. as part of our series, "the big idea" we get more from nbc's chelsea clinton....
163
163
Aug 21, 2013
08/13
by
WETA
tv
eye 163
favorite 0
quote 0
i only use new thermacare® cold wraps. targettemp technology delivers a consistent, therapeutic cold to stop pain and start healing. new thermacare® cold wraps. a better way to treat pain. his day of coaching begins with knee pain, when... [ man ] hey, brad, want to trade the all-day relief of two aleve for six tylenol? what's the catch? there's no catch. you want me to give up my two aleve for six tylenol? no. for my knee pain, nothing beats my aleve. she'and you love her for it.ide. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an uns
i only use new thermacare® cold wraps. targettemp technology delivers a consistent, therapeutic cold to stop pain and start healing. new thermacare® cold wraps. a better way to treat pain. his day of coaching begins with knee pain, when... [ man ] hey, brad, want to trade the all-day relief of two aleve for six tylenol? what's the catch? there's no catch. you want me to give up my two aleve for six tylenol? no. for my knee pain, nothing beats my aleve. she'and you love her for it.ide. but...
128
128
Dec 5, 2012
12/12
by
WETA
tv
eye 128
favorite 0
quote 0
founding co-anchor paul kangas will join us tomorrow night, december 6. and we'll talk about the markets, and he'll answer some of your questions. that's tomorrow night. and you can submit your questions on facebook or twitter at bizrpt. i'll be in miami with both of you. >> tom: we've been straightening up the studio for your visit here, susie. we've been sweeping up and cleaning up. >> susie: i was counting on that. thanks, tom. >> tom: you've got it. >> susie: that's "nightly business report" for wednesday, december 5. have a great evening, everyone. and you, too, tom. >> tom: good night, susie. we'll see you online at www.nbr.com and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> join us anytime at nbr.com. there, you'll find full episodes of the program, complete show transcripts and all the market stats. also follows us on our facebook page at bizrpt. and on twitter @bizrpt. captioning sponsored by macneil/lehrer productions >> woodruff: citigroup-- one of the nation's largest banks-
founding co-anchor paul kangas will join us tomorrow night, december 6. and we'll talk about the markets, and he'll answer some of your questions. that's tomorrow night. and you can submit your questions on facebook or twitter at bizrpt. i'll be in miami with both of you. >> tom: we've been straightening up the studio for your visit here, susie. we've been sweeping up and cleaning up. >> susie: i was counting on that. thanks, tom. >> tom: you've got it. >> susie: that's...
1,961
2.0K
Aug 7, 2009
08/09
by
WETA
tv
eye 1,961
favorite 0
quote 0
tell us what y mean by tha and what's your vice? >>he psychology in the market's lows was "get me t," complete andutter panic especially peoe relying on retirement money. now you havereed in the market and you ha the et me in" mentality, momentum is taking this markeup and experience has shown and our experience ha shown that these momentum trades typically don't end well and we would expectt least a pullba to 950 in the s&p. >> let's look a your stocks that youecommended at the beginning of the year on nuary d, and you have done rlly well, ve got to say, the performance has en fantastic. ansocean andteva pharceuticals both performed well. dooutill own them? >> we still own both. ri which is trsocean, th ndamentals are still excellent as well as ithe generic busiss for teva. would continue to holdoth of them,nd we do. >> all right. let's switch the graic here to te so wean take a quick look at that because you have here c.r.h. which was youirish cement company that didn' do as well do you still ownthat? >> we so that in february, we
tell us what y mean by tha and what's your vice? >>he psychology in the market's lows was "get me t," complete andutter panic especially peoe relying on retirement money. now you havereed in the market and you ha the et me in" mentality, momentum is taking this markeup and experience has shown and our experience ha shown that these momentum trades typically don't end well and we would expectt least a pullba to 950 in the s&p. >> let's look a your stocks that...
771
771
Sep 29, 2009
09/09
by
WETA
tv
eye 771
favorite 0
quote 0
joph hirko used to run enron's broaand division. day, he was sentenced in hoton to 16 months in jail. he also agreed to y $8.7 million inestitution. prosecutors say rko promoted enron's broadband vision to analys, while knowing the system couldn'do what was being promised. susie: here's a look at what's hpening tomorrow. the s&p caseshiller home price index for july, iseleased. also tomorrow, quarterly rests from darden restauras, nike and walgreen. >> paul: recping today's maet action, day of deals brings buyers off the delines. to learn re about the stori intonight's broadcast or wah our streamg video and to take partn our dai blog to "nigly business report" on pbs.org, you can email us at r@pbs.org. >> sie: a new assignnt -- captain suy you'll recall that sullys the pilot who neuvered u.s. aiays flight 1549 to a picture-perfect landing onhe frigidaters of the hudson back in january. everyone on board surved. toy the airline announced that sully is returning to works what's kno as a management pilot. that means hll be back in the
joph hirko used to run enron's broaand division. day, he was sentenced in hoton to 16 months in jail. he also agreed to y $8.7 million inestitution. prosecutors say rko promoted enron's broadband vision to analys, while knowing the system couldn'do what was being promised. susie: here's a look at what's hpening tomorrow. the s&p caseshiller home price index for july, iseleased. also tomorrow, quarterly rests from darden restauras, nike and walgreen. >> paul: recping today's maet...
1,313
1.3K
Dec 15, 2009
12/09
by
WETA
tv
eye 1,313
favorite 0
quote 0
he contacted us via thinternet using ske. jim lives in las cruces new mexico. he's retired. and is worried about his retirement assets. so we called on polical economistom gallagher to answer jim'suestion. >> most of uhave saved, and w the return on our investment, throh fixed invements, is practically non- existent. and i'm st wondering, you ow, how long do you think it'll be before bernanke bngs the interestates back up. we can get a decent return, with low risks on r investment. >> i think the awer to your questioneally is, when will the economy be strong enou for the fedel reserve to start raising raises and get them ck to much higherevels. and really think the answer to that is it's not going to very fast. i doubt that they wi raise rates bere the second half of next year. that is, they n't be confident theconomy is recovering enough until then. sot's going to take a while to get back to the levels tha you're used to, just a fewears ago. soim, i think you're going to probly have to change your plans. save more,pend less, set aside more to draw on in the fute. one thing
he contacted us via thinternet using ske. jim lives in las cruces new mexico. he's retired. and is worried about his retirement assets. so we called on polical economistom gallagher to answer jim'suestion. >> most of uhave saved, and w the return on our investment, throh fixed invements, is practically non- existent. and i'm st wondering, you ow, how long do you think it'll be before bernanke bngs the interestates back up. we can get a decent return, with low risks on r investment....
168
168
Oct 27, 2010
10/10
by
WETA
tv
eye 168
favorite 0
quote 0
it used less fuel, which also helped profits. shares jumped almost 15% to a two-year high on very heavy volume. the royal caribbean outlook helped competitor carnival. its stock was up 6%. and retailer abercrombie and fitch found buyers on a return of market rumors regarding a possible buyout, but nothing was substantiated. on the consumer staple side, driving that sector lower was paper products giant kimberly clark. it was a disappointing quarter, with profits falling from last year and coming in below estimates. even though sales were up, kimberly-clark was hurt by higher commodity prices and aggressive price discounts. here are the last 180 sessions of kimberly clark. the stock had been trending higher, but dropped off a cliff today, falling 6% on heavy volume. in addition to the earnings miss, the company lowered its outlook. another one to watch in this sector tomorrow is procter and gamble. p&g is due with earnings tomorrow. the stock got caught up in the selling pressure today, sliding 1%. global growth and promotion spen
it used less fuel, which also helped profits. shares jumped almost 15% to a two-year high on very heavy volume. the royal caribbean outlook helped competitor carnival. its stock was up 6%. and retailer abercrombie and fitch found buyers on a return of market rumors regarding a possible buyout, but nothing was substantiated. on the consumer staple side, driving that sector lower was paper products giant kimberly clark. it was a disappointing quarter, with profits falling from last year and...
138
138
Mar 7, 2011
03/11
by
WETA
tv
eye 138
favorite 0
quote 0
but consumers weren't using plastic. credit card debt fell by 6%. and the world's largest maker of luxury goods has a new crown jewel. french fashion firm l.v.m.h. will buy italian jeweler bulgari for $5 billion. still ahead, the economic impact of the n.f.l. "beyond the scoreboard" looks at how america's cities could be financially tackled if pro football is cancelled for the fall. >> susie: still no vote tonight on wisconsin's $137 million budget shortfall. the state's democratic lawmakers, who left for illinois nearly three weeks ago to prevent a vote on a controversial bill, asked today for a meeting with governor scott walker. they wanted it to take place in a location near the border of wisconsin and illinois, but walker called that idea "ridiculous." the big sticking point is a bill to strip most public employees of their collective bargaining rights. that's ignited fierce opposition from labor leaders and their supporters. >> tom: tomorrow, ohio's legislature begins hearings on a similar bill affecting some 350,000 public employees. these st
but consumers weren't using plastic. credit card debt fell by 6%. and the world's largest maker of luxury goods has a new crown jewel. french fashion firm l.v.m.h. will buy italian jeweler bulgari for $5 billion. still ahead, the economic impact of the n.f.l. "beyond the scoreboard" looks at how america's cities could be financially tackled if pro football is cancelled for the fall. >> susie: still no vote tonight on wisconsin's $137 million budget shortfall. the state's...
264
264
Jan 14, 2010
01/10
by
WETA
tv
eye 264
favorite 0
quote 0
before us. and we'll beoing this over the course of the next several months. we're going to have many hearings from now until labor day, a full and exhaustive inquiry. i believe we will in the end sper view hundreds of individus both in public hearings and under sworn private system. surely some of those marque names like bernanke, greenspan and otrs, you ntioned chairman bernanke already,as chairman greenspan responded ton invitation. >> he has not yet been formally invited but i can assure you that e major policymakers in the 1990s and t 2000s wil be called before us. >> you mentioned tha chairmanernanke has spok behind closed doors. will the oth testimony happen in op session or ecutive session? >> well, cirman bernanke has indicated a willingness to spe under oath in public and we --e will do as much of our work in public as can to lp the public undetand the roots of this nancial disaster that devastated our economy in so many ws. >> could you expect torant any immunity to some of the folks
before us. and we'll beoing this over the course of the next several months. we're going to have many hearings from now until labor day, a full and exhaustive inquiry. i believe we will in the end sper view hundreds of individus both in public hearings and under sworn private system. surely some of those marque names like bernanke, greenspan and otrs, you ntioned chairman bernanke already,as chairman greenspan responded ton invitation. >> he has not yet been formally invited but i can...
187
187
Sep 21, 2012
09/12
by
WETA
tv
eye 187
favorite 0
quote 0
tell us what you mean? >> i think i said it was an entitlement machine, i don't think i ever used the word freeloading. the facts of the matter are that 50 years ago, the federal government devoted one dollar to entitlements to every $2 it devoted to everything else. it's turned upside down. now two out of every three dollars the government allocates for entitlements. >> what are you're thoughts >> you said you reject the notion of the term moochers, and the debate is misguided. what are your thoughts on this? >> i feel pretty strongly that it's misguided debate and divisive one, and a false framework, because the dynamics of the rise of americans can't possibly be divided into makers or takers or moochers. if you think about social security and medicare, the largest part of the entitlement that nick is talking about, the beneficiaries of those programs paid into those programs during their working life. so clearly they were makers at that poibts, and then upon retirement they draw on those benefits. i thin
tell us what you mean? >> i think i said it was an entitlement machine, i don't think i ever used the word freeloading. the facts of the matter are that 50 years ago, the federal government devoted one dollar to entitlements to every $2 it devoted to everything else. it's turned upside down. now two out of every three dollars the government allocates for entitlements. >> what are you're thoughts >> you said you reject the notion of the term moochers, and the debate is...
227
227
Jun 24, 2011
06/11
by
WETA
tv
eye 227
favorite 0
quote 0
captioning sponsored by wpbt >> tom: good evening and thanks for joining us. my colleague susie gharib is off tonight. within the concerns shifted to italy, trading of italian bank stocks was halted due to volatility. >> we say awe rare sign of economic activity, new orders for manufactured goods rose 1.9% last month after dropping 2.7% in april. on top of that on top of that it turns out the economy grew at annualized rate of 1.9% in the first quarter. that's slightly faster than originally reported, but much slower than last year's pace. and, as suzanne pratt reports, experts are fretting about where the economy goes from here. >> reporter: this was not how the recovery was supposed to go. two years after the great recession, the u.s. economy is only sputtering along. history suggests it should be supercharged. take a look at this chart of u.s. g.d.p. growth. the numbers turned positive two summers ago. but there's been little acceleration in output, which is typical of most recoveries. economist beth ann bovino says we're traveling at half-speed. >> you'd n
captioning sponsored by wpbt >> tom: good evening and thanks for joining us. my colleague susie gharib is off tonight. within the concerns shifted to italy, trading of italian bank stocks was halted due to volatility. >> we say awe rare sign of economic activity, new orders for manufactured goods rose 1.9% last month after dropping 2.7% in april. on top of that on top of that it turns out the economy grew at annualized rate of 1.9% in the first quarter. that's slightly faster than...
200
200
Oct 29, 2012
10/12
by
WETA
tv
eye 200
favorite 0
quote 0
he is is us from the c.m.e. group in chicago. we have the midwest represented here, because of the impact on the east coast. scott, beginning with you. what is the short term impact later this week from the markets being closed for two days? >> well, well i think the short term impact if we looked at where the futures closed coming in from the weekend t looked like today, had we been trading at least the start would have been-- would have been a little nasty. so for me, we're in the middle of a pullback here. i don't think it's going to be massive. i think probably in the s&p 500 it wouldn't surprise me to see us trade down to the 13060, 70 level, something like that. we have been looking for a pullback, hoping for more of a pullback. i think we will get one and i think it's an opportunity. >> tom: i will ask you in a moment. rob, do you agree. do you think the selling continues on wednesday? >> i do. i mean it's tough to predict one day and getting close to the end 69 month where there is a natural demand but i do concur that it
he is is us from the c.m.e. group in chicago. we have the midwest represented here, because of the impact on the east coast. scott, beginning with you. what is the short term impact later this week from the markets being closed for two days? >> well, well i think the short term impact if we looked at where the futures closed coming in from the weekend t looked like today, had we been trading at least the start would have been-- would have been a little nasty. so for me, we're in the...
5,324
5.3K
Jul 10, 2009
07/09
by
WETA
tv
eye 5,324
favorite 0
quote 0
fritz heerson tells us about the automaker's second cnce. and what american consums can expect frothe new g.m. >> pau tonight's market monitor says thetimulus package is finally startg to goose the economy. he's roberdrach, editor of the drach weekly research repo. >> susie: en, wall street's gearing up for a flood of earnings from the nation biggest banks. coming u a preview of what to exct, and what investors should look for. >> paul: i paul kangas. >> susie: and i'm susie arib. this is "nhtly business rert" for friday, july 10. "nightly business report" is made possibley: this pgram was made possible by contributions to ur pbs station from viewe like you. thk you. 7//& >> susie: od evening everyone. "business as usual iover at general tors". that's what c.e.o. fritz henderson promised tod as he annound g.m.'s official exit from bankruptcy. he also vowed the remped company will focus oessively on customers responding to tir needs mo quickly than the old g.m. that's the reason r some new initiaves unveiled today. new partnership with ebay t
fritz heerson tells us about the automaker's second cnce. and what american consums can expect frothe new g.m. >> pau tonight's market monitor says thetimulus package is finally startg to goose the economy. he's roberdrach, editor of the drach weekly research repo. >> susie: en, wall street's gearing up for a flood of earnings from the nation biggest banks. coming u a preview of what to exct, and what investors should look for. >> paul: i paul kangas. >> susie: and i'm...